
Summary of a Washington Foreclosure
Documents Need to Begin Foreclosure
1. Copy of the RECORDED Deed of Trust
2. Copy of the Note
3. Copy of the RECORDED Assignments, if applicable
4. Breakdown of Arrearages, i.e. date delinquency started, monthly
payments, monthly late charges, and any other costs that may have
been paid, i.e. taxes, insurance, property inspections, etc.
A trust deed in Washington may be foreclosed by private sale. Washington
is a non-judicial state. Also there is no redemption period after
the sale in Washington. In Washington two notices are sent, posted
and publication is also requested. General Timeframe is 160 days.
Sales are to be set on Friday at 10:00 a.m. You can continue in
Washington in any increment, but NOT more than 120 days after ORIGINAL
sale date.
A private trustee's sale usually begins with the law firm being
designated as trustee. Based on the foreclosure report, all interested
parties are notified in Washington, first by a Notice of Default,
which is mailed regular and certified. It is then sent out for posting.
30 days after posting the foreclosure is then prepared for sale.
Sale date is set 90 days and 2 weeks from that date. At that time
the Notice of Sale is mailed certified and regular mail and again
is posted on the property. At that time the Notice of Sale and the
Notice of Substitution of Trustee is recorded. Publication is requested
50 days prior to sale, one being 7-14 days prior to sale and the
other 28-35 days prior to sale.
In Washington, after the sale, a Foreclosure Sale Deed and Real
Estate Excise Tax Form is sent for recording.
This law firm requests bid figures approximately 2 weeks before
sale if at all possible.
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